Markets › Providence
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Providence RI
Current market read
Landlord’s market
ConditionFirm
The yearly data reads a landlord's market, and the recent monthly signals are holding steady.
From public data. The situation now, not a forecast.
Renter Google Search InterestGOOGLE · MONTHLY
Rank
Up 1 place this month26of 43 metros
Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Steady
Pulling both ways, asking rents are climbing and job growth has cooled, as of Jun 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty
Asking rentZILLOW ZORI · MONTHLY
+3.5%
▲ Year over year
Older annual rent growth, Census
PROVIDENC
+5%
US AVG
+4.7%
Median rentCENSUS · 2024
$1,396/mo
Typical rent, 2024 yearly count
In the news · ProvidenceNEWS · DAILY
No recent articles for this market.
Demand vs supplyCENSUS + BLS
Moderate demand
DEMAND
Jobs-0.2%
Migration+0.03/1k
SUPPLY
Permits+44.3%
Vacancy3.5%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,959/mo
Cheaper to rent than buying
$1,396RENT
$3,355OWN
Net migrationCENSUS · 2024
+0.03/1k
▲ Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.